General Electric HealthCare (GEHC) has announced its plans to acquire the clinical artificial intelligence software division of Intelligent Ultrasound Group PLC, with the transaction valued at approximately $51 million. Specific details regarding the deal have not been disclosed.
Intelligent Ultrasound specializes in cutting-edge AI-driven image analysis tools aimed at enhancing the functionality and efficiency of ultrasound technology. GE HealthCare intends to integrate these innovative solutions across its ultrasound product line.
Phil Rackliffe, President and CEO of Ultrasound and Image Guided Therapies at GE HealthCare, stated, "This acquisition will bolster our portfolio of AI-enabled devices and expedite the development of advanced AI tools, thanks to the technology and expertise we are bringing in."
